中商官网
研究报告
马鞍山钢铁股份（HK0323）
主要经济指标
| 类别\年份 | 营业额 （元) |
营业利润 （元) |
利润总额 （元) |
净利润 （元) |
资产合计 （元) |
负债合计 （元) |
权益合计 （元) |
| 1999 | 6668436000.0000 | 629119000.0000 | 13381000.0000 | 13112000.0000 | 17300227000.0000 | 5438294000.0000 | 11861933000.0000 |
| 2000 | 8185687000.0000 | 1218707000.0000 | 121220000.0000 | 100164000.0000 | 16880680000.0000 | 4792474000.0000 | 12088206000.0000 |
| 2001 | 9547929000.0000 | 1318062000.0000 | 241016000.0000 | 152281000.0000 | 16821187000.0000 | 4709806000.0000 | 12111381000.0000 |
| 2002 | 10973917000.0000 | 1618202000.0000 | 403194000.0000 | 339729000.0000 | 17275219000.0000 | 4920461000.0000 | 12354758000.0000 |
| 2003 | 15740348000.0000 | 4017756000.0000 | 2864232000.0000 | 2659198000.0000 | 26418528000.0000 | 11595088000.0000 | 14823440000.0000 |
| 2004 | 26770055000.0000 | 5960507000.0000 | 4065876000.0000 | 3592320000.0000 | 31195785000.0000 | 14094743000.0000 | 17101042000.0000 |
| 2005 | 32083096000.0000 | 4713125000.0000 | 3366149000.0000 | 2909943000.0000 | 38933765000.0000 | 20281072000.0000 | 18652693000.0000 |
| 2006 | 34319874000.0000 | 4415793000.0000 | 2799931000.0000 | 2394652000.0000 | 54716446000.0000 | 33944178000.0000 | 20772268000.0000 |
| 2007 | 49052851000.0000 | 5574268000.0000 | 2788575000.0000 | 2467253000.0000 | 70914865000.0000 | 47459379000.0000 | 23455486000.0000 |
| 2008 | 70009580000.0000 | 4231930000.0000 | 805874000.0000 | 710234000.0000 | 66283579000.0000 | 39756477000.0000 | 26527102000.0000 |
| 2009 | 50411554000.0000 | 2736975000.0000 | 562876000.0000 | 392475000.0000 | 68126067000.0000 | 40941205000.0000 | 27184862000.0000 |
| 2010 | 64981112494.0000 | 3808025168.0000 | 1711111720.0000 | 1101838516.0000 | 70104925186.0000 | 42106161947.0000 | 27998763239.0000 |
| 2011 | 86854060117.0000 | 3488622098.0000 | 319831535.0000 | 82369208.0000 | 81224642090.0000 | 51767844222.0000 | 29456797868.0000 |
| 2012 | 74404364038.0000 | 1564089463.0000 | -3746317556.0000 | -3863232545.0000 | 76011164039.0000 | 50499107467.0000 | 25512056572.0000 |
| 2013 | 73848883383.0000 | 3454920766.0000 | 322145444.0000 | 157220198.0000 | 71821618000.0000 | 46122582562.0000 | 25699035438.0000 |
| 2014 | 59820938286.0000 | 3980715674.0000 | 512116394.0000 | 220616025.0000 | 68511174810.0000 | 42621776823.0000 | 25889397987.0000 |
| 2015 | 45108926739.0000 | -379513813.0000 | -4726572002.0000 | -4804299674.0000 | 62454465955.0000 | 41712863095.0000 | 20741602860.0000 |
| 2016 | 48275100310.0000 | 5717612635.0000 | 1368575540.0000 | 1228892407.0000 | 66245531030.0000 | 44165024589.0000 | 22080506441.0000 |
| 2017 | 73228029624.0000 | 9671771175.0000 | 5808966563.0000 | 4128939861.0000 | 72191589979.0000 | 44954325666.0000 | 27237264313.0000 |
| 2018 | 81951813488.0000 | 12156831369.0000 | 8238923928.0000 | 5943286585.0000 | 76871999293.0000 | 44879647973.0000 | 31992351320.0000 |
| 2019 | 77682330301.0000 | 6366848386.0000 | 2297755710.0000 | 1128148980.0000 | 86322043538.0000 | 55481291711.0000 | 30840751827.0000 |
| 2020 | 81077620848.0000 | 6695282652.0000 | 3080866517.0000 | 1982638821.0000 | 80711141782.0000 | 48099955817.0000 | 32611185965.0000 |
| 2021 | 113190232248.0000 | 10902377745.0000 | 7016329171.0000 | 5332253043.0000 | 91207743018.0000 | 53796559540.0000 | 37411183478.0000 |
| 2022 | 101676487577.0000 | 2830019846.0000 | -560617244.0000 | -857615094.0000 | 96892289376.0000 | 63561399003.0000 | 33330890373.0000 |
| 2023 | 98559117716.0000 | 1250975635.0000 | -1596659516.0000 | -1327161500.0000 | 84552252935.0000 | 52272711584.0000 | 32279541351.0000 |
| 2024 | 81352646655.0000 | -1239021384.0000 | -4829857723.0000 | -4659156254.0000 | 78962973613.0000 | 51641921412.0000 | 27321052201.0000 |
| 2025 | 76995136718.0000 | 3585928832.0000 | 140059774.0000 | -- | -- | 45508564220.0000 | -- |
盈利能力分析
| 类别\年份 | 销售毛利率 （%) |
主营利润率 （%) |
总资产利润率 （%) |
净资产收益率 （%) |
存货周转率 | 应收账款周转率 （次) |
总资产周转率 （次) |
| 1999 | 9.43 | 0.2000 | 0.08 | 0.1100 | 2.88 | -- | 0.39 |
| 2000 | 14.89 | 1.4800 | 0.72 | 0.8300 | 3.45 | -- | 0.48 |
| 2001 | 13.80 | 2.5200 | 1.43 | 1.2600 | 4.64 | -- | 0.57 |
| 2002 | 14.75 | 3.6700 | 2.33 | 2.7500 | 5.70 | -- | 0.64 |
| 2003 | 25.53 | 18.2000 | 10.84 | 17.9800 | 4.93 | -- | 0.60 |
| 2004 | 22.27 | 15.1900 | 13.03 | 21.1000 | 4.38 | -- | 0.86 |
| 2005 | 14.69 | 10.4500 | 8.65 | 15.7200 | 5.30 | -- | 0.82 |
| 2006 | 12.87 | 8.0400 | 5.12 | 11.7000 | 4.61 | -- | 0.63 |
| 2007 | 11.36 | 5.4200 | 3.93 | 10.7200 | 4.55 | -- | 0.69 |
| 2008 | 6.04 | 0.8700 | 1.22 | 2.7300 | 6.78 | -- | 1.06 |
| 2009 | 5.43 | 0.7500 | 0.83 | 1.4800 | 5.40 | -- | 0.74 |
| 2010 | 5.86 | 2.4100 | 2.44 | 4.0400 | 4.91 | -- | 0.93 |
| 2011 | 4.02 | 0.2000 | 0.39 | 0.3000 | 5.90 | -- | 1.07 |
| 2012 | 2.10 | -5.2400 | -4.93 | -16.7000 | 6.47 | -- | 0.98 |
| 2013 | 4.68 | -0.7600 | 0.45 | 0.6800 | 7.00 | -- | 1.03 |
| 2014 | 6.65 | 0.1000 | 0.75 | 0.9500 | 6.43 | -- | 0.87 |
| 2015 | -0.84 | -11.2900 | -7.57 | -26.0300 | 7.56 | -- | 0.72 |
| 2016 | 11.84 | 2.4800 | 2.07 | 6.2200 | 4.03 | -- | 0.73 |
| 2017 | 13.21 | 7.7100 | 8.05 | 17.2800 | 5.55 | -- | 1.01 |
| 2018 | 14.83 | 9.8700 | 10.72 | 21.1000 | 6.31 | -- | 1.07 |
| 2019 | 8.20 | 2.3600 | 2.66 | 4.1900 | 6.51 | -- | 0.90 |
| 2020 | 8.26 | 3.5400 | 3.82 | 6.9800 | 6.82 | -- | 1.00 |
| 2021 | 9.63 | 6.5100 | 7.69 | 16.2800 | 8.21 | -- | 1.24 |
| 2022 | 2.78 | -0.4800 | -0.58 | -2.9400 | 9.65 | -- | 1.05 |
| 2023 | 1.27 | -1.6200 | -1.89 | -4.7800 | 9.81 | -- | 1.17 |
| 2024 | -1.52 | -5.8000 | -6.12 | -20.0300 | 10.44 | -- | 1.03 |
| 2025 | 4.66 | -- | -- | -- | -- | -- | -- |
偿债能力分析
| 类别\年份 | 资产负债率 （%) |
股东权益比率 （%) |
流动比率 | 速动比率 |
| 1999 | 31.43 | 68.57 | 1.30 | 0.79 |
| 2000 | 28.39 | 71.61 | 1.36 | 0.82 |
| 2001 | 28.00 | 72.00 | 1.54 | 1.01 |
| 2002 | 28.48 | 71.52 | 1.19 | 0.73 |
| 2003 | 43.89 | 56.11 | 1.19 | 0.85 |
| 2004 | 45.18 | 54.82 | 1.06 | 0.55 |
| 2005 | 52.09 | 47.91 | 1.04 | 0.56 |
| 2006 | 62.04 | 37.96 | 1.01 | 0.50 |
| 2007 | 66.92 | 33.08 | 0.91 | 0.53 |
| 2008 | 59.98 | 40.02 | 1.05 | 0.52 |
| 2009 | 60.10 | 39.90 | 1.12 | 0.71 |
| 2010 | 60.06 | 39.94 | 1.05 | 0.62 |
| 2011 | 63.73 | 36.27 | 1.36 | 0.88 |
| 2012 | 66.44 | 33.56 | 1.05 | 0.70 |
| 2013 | 64.22 | 35.78 | 0.77 | 0.50 |
| 2014 | 62.21 | 37.79 | 0.76 | 0.50 |
| 2015 | 66.79 | 33.21 | 0.68 | 0.48 |
| 2016 | 66.67 | 33.33 | 0.73 | 0.41 |
| 2017 | 62.27 | 37.73 | 0.89 | 0.57 |
| 2018 | 58.38 | 41.62 | 0.97 | 0.69 |
| 2019 | 64.27 | 35.73 | 0.93 | 0.71 |
| 2020 | 59.60 | 40.40 | 0.87 | 0.62 |
| 2021 | 58.98 | 41.02 | 0.92 | 0.66 |
| 2022 | 65.60 | 34.40 | 0.73 | 0.54 |
| 2023 | 61.82 | 38.18 | 0.50 | 0.28 |
| 2024 | 65.40 | 34.60 | 0.43 | 0.26 |
| 2025 | -- | -- | -- | -- |
成本费用分析
| 类别\年份 | 销售成本 （元) |
销售费用 （元) |
管理费用 （元) |
财务费用 （元) |
| 1999 | 6039317000.0000 | -- | 342314000.0000 | 225797000.0000 |
| 2000 | 6966980000.0000 | -- | 365713000.0000 | 203494000.0000 |
| 2001 | 8229867000.0000 | -- | 445582000.0000 | 150762000.0000 |
| 2002 | 9355715000.0000 | -- | 495143000.0000 | 101902000.0000 |
| 2003 | 11722592000.0000 | -- | 872020000.0000 | 105027000.0000 |
| 2004 | 20809548000.0000 | -- | 1432147000.0000 | 225284000.0000 |
| 2005 | 27369971000.0000 | -- | 744745000.0000 | 362470000.0000 |
| 2006 | 29904081000.0000 | -- | 1089460000.0000 | 296226000.0000 |
| 2007 | 43478583000.0000 | -- | 1025157000.0000 | 1156199000.0000 |
| 2008 | 65777650000.0000 | -- | 951063000.0000 | 1840304000.0000 |
| 2009 | 47674579000.0000 | -- | 1170688000.0000 | 1004155000.0000 |
| 2010 | 61173087326.0000 | -- | 1207589989.0000 | 732400757.0000 |
| 2011 | 83365438019.0000 | -- | 1295361613.0000 | 969175097.0000 |
| 2012 | 72840274575.0000 | -- | 1378085886.0000 | 1463236344.0000 |
| 2013 | 70393962617.0000 | -- | 1333991968.0000 | 1154159806.0000 |
| 2014 | 55840222612.0000 | -- | 1310839451.0000 | 1243663019.0000 |
| 2015 | 45488440552.0000 | -- | 1538609887.0000 | 813036439.0000 |
| 2016 | 42557487675.0000 | -- | 1780281484.0000 | 793650976.0000 |
| 2017 | 63556258449.0000 | -- | 1419135407.0000 | 998780259.0000 |
| 2018 | 69794982119.0000 | -- | 2181232691.0000 | 960457412.0000 |
| 2019 | 71315481915.0000 | -- | 3225405082.0000 | 784811228.0000 |
| 2020 | 74382338196.0000 | -- | 3329803969.0000 | 553576584.0000 |
| 2021 | 102287854503.0000 | -- | 2537189602.0000 | 631748011.0000 |
| 2022 | 98846467731.0000 | -- | 2431069513.0000 | 519456330.0000 |
| 2023 | 97308142081.0000 | -- | 2164427850.0000 | 466911329.0000 |
| 2024 | 82591668039.0000 | -- | 1975143884.0000 | 551859577.0000 |
| 2025 | 73409207886.0000 | -- | 2023646536.0000 | 408089047.0000 |